Amalgamated Bank Stock

Amalgamated Bank P/E 2024

Amalgamated Bank P/E

7.47

Ticker

AMAL

ISIN

US0226711010

WKN

A2QQBH

As of Sep 30, 2024, Amalgamated Bank's P/E ratio was 7.47, a 43.65% change from the 5.2 P/E ratio recorded in the previous year.

The Amalgamated Bank P/E history

Amalgamated Bank Aktienanalyse

What does Amalgamated Bank do?

The Amalgamated Bank is a bank based in the United States that has a remarkable history since its founding in 1923. The bank was founded by the Amalgamated Clothing Workers of America, a union that advocated for better working conditions and fair wages for workers in the textile and garment industry. The establishment of this bank was an attempt to provide workers with an alternative to the large banks that typically served the interests of the wealthiest customers. Today, Amalgamated Bank has expanded its business model to offer banking services to other customers, such as nonprofit organizations, foundations, unions, and individuals. An important aspect of the bank's business model is its strong belief in social responsibility and sustainability. For example, the bank only invests in companies that are committed to social justice, human rights, and environmental protection. Amalgamated Bank operates in a variety of areas, including retail banking and commercial banking. One division of the bank is the retail banking division, which offers a range of financial products. In this division, the bank offers checking accounts, savings accounts, credit cards, various loans, and mortgages, among other services. Additionally, the bank offers services for online access and mobile applications. The bank also offers a wide range of financial products for commercial customers, with a focus on organizations that work towards the common good. These products include business accounts, loans, lines of credit, investments, and cash management solutions. Another important aspect of Amalgamated Bank's business model is its commitment to social responsibility and sustainability. The bank only invests in companies that promote social justice, sustainability, human rights, and environmental issues. Additionally, the bank has often collaborated with unions and other organizations to improve the economic opportunities of workers and continue its commitment to social justice. Amalgamated Bank is known as a leader in socially responsible investing. It has been recognized multiple times by independent organizations for its sustainable investment strategies and is committed to aligning investment outcomes with social and environmental values. Its goal is to provide customers with a sustainable investment option without sacrificing returns. In summary, Amalgamated Bank is a bank with a special history that has been dedicated to social justice and sustainability since its founding. Its business model is focused on offering customers a wide range of financial products while considering social and environmental values. The bank remains true to its union heritage and continues to work towards improving working conditions and rights for workers. Amalgamated Bank ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Amalgamated Bank's P/E Ratio

The Price to Earnings (P/E) Ratio of Amalgamated Bank is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.

Year-to-Year Comparison

Assessing Amalgamated Bank's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.

Impact on Investments

The P/E ratio of Amalgamated Bank is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.

Interpreting P/E Ratio Fluctuations

Fluctuations in Amalgamated Bank’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.

Frequently Asked Questions about Amalgamated Bank stock

What is the price-to-earnings ratio of Amalgamated Bank?

The price-earnings ratio of Amalgamated Bank is currently 7.47.

How has the price-earnings ratio of Amalgamated Bank changed compared to last year?

The price-to-earnings ratio of Amalgamated Bank has increased by 43.65% increased compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of Amalgamated Bank high compared to other companies?

Yes, the price-to-earnings ratio of Amalgamated Bank is high compared to other companies.

How does an increase in the price-earnings ratio of Amalgamated Bank affect the company?

An increase in the price-earnings ratio of Amalgamated Bank would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of Amalgamated Bank affect the company?

A decrease in the price-earnings ratio of Amalgamated Bank would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of Amalgamated Bank?

Some factors that influence the price-earnings ratio of Amalgamated Bank are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Amalgamated Bank pay?

Over the past 12 months, Amalgamated Bank paid a dividend of 0.4 USD . This corresponds to a dividend yield of about 1.3 %. For the coming 12 months, Amalgamated Bank is expected to pay a dividend of 0.45 USD.

What is the dividend yield of Amalgamated Bank?

The current dividend yield of Amalgamated Bank is 1.3 %.

When does Amalgamated Bank pay dividends?

Amalgamated Bank pays a quarterly dividend. This is distributed in the months of December, March, June, September.

How secure is the dividend of Amalgamated Bank?

Amalgamated Bank paid dividends every year for the past 9 years.

What is the dividend of Amalgamated Bank?

For the upcoming 12 months, dividends amounting to 0.45 USD are expected. This corresponds to a dividend yield of 1.48 %.

In which sector is Amalgamated Bank located?

Amalgamated Bank is assigned to the 'Finance' sector.

Wann musste ich die Aktien von Amalgamated Bank kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Amalgamated Bank from 8/22/2024 amounting to 0.12 USD, you needed to have the stock in your portfolio before the ex-date on 8/6/2024.

When did Amalgamated Bank pay the last dividend?

The last dividend was paid out on 8/22/2024.

What was the dividend of Amalgamated Bank in the year 2023?

In the year 2023, Amalgamated Bank distributed 0.36 USD as dividends.

In which currency does Amalgamated Bank pay out the dividend?

The dividends of Amalgamated Bank are distributed in USD.

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Andere Kennzahlen von Amalgamated Bank

Our stock analysis for Amalgamated Bank Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Amalgamated Bank Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.